New Indonesian infrastructure plans face bottlenecks

2017 ◽  
Keyword(s):  
Poor Quality ◽  
Building Projects ◽  
Content Type ◽  
Toll Road ◽  
Alternative Funding ◽  
Funding Sources ◽  
Private Sector Investment ◽  
Consumer Prices ◽  
The Government ◽  
Poor Infrastructure

Significance The government has also developed alternative funding sources; under a Future Revenue Based Security (FRBS) scheme, PT Jasa Marga, one of the three SOEs, will pay 70% of its revenues from the Jagowari toll road to investors until 2022. Impacts FRBS schemes may spur private-sector investment in Indonesian infrastructure, normally about 30% of the total. Improving infrastructure would reduce Indonesian consumer prices and, in some cases, export reliance. Plans to develop Indonesian port and shipping capacity will see growing investment need in these areas. Some Chinese-invested building projects have been criticised for poor quality; poor infrastructure could see popular protests.

The Manifestation of Climate Injustices: The Post-Hurricane Irma Conflicts Surrounding Barbuda’s Communal Land Tenure

2019 ◽  
Vol 06 (01) ◽  
pp. 1940002 ◽  
Author(s):  
April Karen Baptiste ◽  
Hubert Devonish
Keyword(s):  
Land Tenure ◽  
Land Rights ◽  
Small Island ◽  
Alternative Funding ◽  
Funding Sources ◽  
Nation States ◽  
Communal Land ◽  
Foreign Tourism ◽  
The Government ◽  
Hurricane Irma

Hurricane Irma caused significant destruction to the Caribbean during the 2017 Atlantic Hurricane season. In its aftermath, many of these Small Island Developing States (SIDS) are left with the dilemma of seeking ways to rebuild in some cases entire nation states. Using the case study of Antigua and Barbuda, where Barbuda was the first Caribbean island to receive a direct hit from Hurricane Irma, the paper begins to explore the ways in which the global system of exploitation of SIDS exacerbates internal historical conflicts which is a manifestation of climate injustices. Specifically, the Barbudans’ relative privilege in having inherited communal land rights have become, for the government, the barrier standing in the way of the only alternative funding sources for reconstruction, foreign tourism investment. Using the theoretical underpinnings of climate justice, we argue that the causers of climate change, who are generally the inheritors of the historic colonization, exploitation and impoverishment of these states, will effectively benefit from the intensity of Hurricane Irma, given that they will eventually get access to Barbudan land if the communal land rights are revoked.

Indonesia's liberal reform reveals growth priorities

2016 ◽  
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Payment Systems ◽  
Content Type ◽  
Toll Road ◽  
Insurance Programme ◽  
Road Projects ◽  
Liberal Reform ◽  
National Health Insurance Programme ◽  
The Government

Subject Outlook for foreign direct investment into Indonesia's economy. Significance The government last month revised its Negative Investment List, opening 35 new sectors to foreign direct investment (FDI), especially in the services and trade segments. With these reforms, the government hopes to attract 594.8 trillion rupiah (43.52 billion dollars) of new investment this year. Impacts Firms supporting e-commerce operations, for example through developing secure payment systems, have good prospects. Land clearance hurdles facing toll road projects are unlikely to be resolved easily. The national health insurance programme will help Indonesia harness its demographic dividend.

Honduras rebound from 2020 recession will be sluggish

2020 ◽  
Keyword(s):  
Free Trade Agreement ◽  
Oil Prices ◽  
Trade Agreement ◽  
Central American ◽  
Economic Recovery ◽  
Content Type ◽  
The Government ◽  
Health Situation ◽  
Increased Activity ◽  
Poor Infrastructure

Significance Hotels and restaurants, private construction and manufacturing suffered the sharpest declines. A gradual reopening of the economy since June should drive increased activity in the second half of the year unless the health situation worsens, forcing the government to back-pedal. Impacts Inflation will remain within the central bank’s target (5.5% plus or minus 1 percentage point) on the back of moderate oil prices. Corruption, violent crime and poor infrastructure will hinder Honduras’s post-pandemic economic recovery. Implementation of the Dominican Republic-Central American Free Trade Agreement will help diversify Honduras’s exports.

Italian stability hinges on M5S future and Salvini

2020 ◽  
Keyword(s):  
Democratic Party ◽  
Prime Minister ◽  
Far Right ◽  
Content Type ◽  
Private Sector Investment ◽  
Five Star Movement ◽  
The Government ◽  
National Coalition ◽  
The Stability ◽  
Litmus Test

Subject Italian political outlook. Significance On January 26, Italy’s co-ruling Democratic Party (PD) defeated Matteo Salvini’s far-right League party by 51.4% to 43.6% in elections in Emilia Romagna, a prosperous region of northern Italy. In what was a litmus test for the fragile national coalition between PD and the Five Star Movement (M5S), the PD victory has reduced the risk of a government collapse. Impacts Risk-averse investors will remain cautious about Italy over the next year. Prime Minister Giuseppe Conte hopes the result will give the government the stability to cut taxes to boost private sector investment. Salvini’s support could decline if he continues to personalise the League’s election campaigns.

scholarly journals Developing Islamic crowdfunding website platform for startup companies in Indonesia

2019 ◽  
Vol 11 (5) ◽  
pp. 1041-1053 ◽  
Author(s):  
Achsania Hendratmi ◽  
Muhamad Nafik Hadi Ryandono ◽  
Puji Sucia Sukmaningrum
Keyword(s):  
Group Discussion ◽  
Effective Means ◽  
Sustainable Business ◽  
Content Type ◽  
Model Based ◽  
Alternative Funding ◽  
Depth Interview ◽  
Startup Company ◽  
The Government ◽  
Effective Development

Purpose This study aims to develop an Islamic crowdfunding model based on a website platform for startup companies. Design/methodology/approach Apart from reviewing related literature, specifically focus group discussion with 16 CEO of startup companies, in-depth interview with two crowdfunding provider, Fiqh expert and technology platform expert for the development of an Islamic crowdfunding website platform for startup companies. Findings The concept of Islamic crowdfunding is recommended as a funding solution for small and medium-sized enterprises and startup companies. Therefore, it was deemed crucial for this study to develop an Islamic crowdfunding model based on a website platform as a form of innovative acceleration to provide alternative funding for a startup company, which subsequently expands to a growing and sustainable business. Furthermore, the use of a website platform for the operation of a crowdfunding mechanism is deemed as an effective means to link cross-geographical investors with the startup company owners in Indonesia, specifically East Java. Practical implications Islamic crowdfunding website platform can be the solution for startup companies to obtain capital funds while startup companies are not able to provide collateral to attain financial assistance and experience problems. Expectedly, the government should provide legality, regulation, licensing and socialization matters pertaining to crowdfunding to obtain legal legality from the country. Originality/value There is still no research to develop the Islamic crowdfunding model using a website platform. This study was expected to provide essential insights on the effective development of an Islamic crowdfunding website platform integrated with startup companies, investors and Sharia committee.

An overview of strategic responses of Vietnamese higher education institutions

2020 ◽  
Vol 34 (1) ◽  
pp. 35-44
Author(s):  
Ngoc Minh Do
Keyword(s):  
Higher Education ◽  
Education System ◽  
Higher Education Institutions ◽  
Analytical Framework ◽  
Poor Quality ◽  
Higher Education Management ◽  
Content Type ◽  
Michael Porter ◽  
Vietnamese Higher Education ◽  
The Government

Purpose The purpose of this paper is to review the strategic management of Vietnamese higher education institutions. Design/methodology/approach The paper examined the external environment of the country’s education system based on the five forces framework by Michael Porter and inspected the strategies of universities and colleges. Findings It was concluded that lack of environmental analysis from both the government and higher education institutions themselves diminishes the intended effectiveness of the reforms; problems of skill shortage in the labor market, staff insufficiency and poor quality are prevalent; and that strategies developed by the institutions are purely responsive to the State’s direction without considering sustainability. Research limitations/implications Lack of literature on Vietnamese higher education limits timely analysis. Practical implications Strategic planning based on a thorough investigation of the environment is imperative to enhance the performance of the education system generally as well as of academic institutions individually. The government plays a key role in developing initiatives to enhance staff capabilities and improve quality of educational outputs. Originality/value There has not been any paper that approached Vietnam’s higher education management under such an analytical framework.

Decommissioning and rehabilitation: funding models

2021 ◽  
Vol 61 (2) ◽  
pp. 526
Author(s):  
Kenneth Wee
Keyword(s):  
Oil And Gas ◽  
Policy Design ◽  
The State ◽  
Alternative Funding ◽  
Funding Model ◽  
Private Sector Investment ◽  
Petroleum Resource ◽  
The Status ◽  
Pros And Cons ◽  
The Government

Decommissioning oil and gas facilities and rehabilitating a petroleum operation area involve complex, lengthy and costly processes. Funding the liability for the decommissioning and rehabilitation phase of a petroleum project is determined by the juxtaposition of a matrix of three fundamental and closely interdependent policy decisions on: whose obligation it is (the proponent, the state or both) to carry out decommissioning, whose liability it is (the proponent, the state or both) to pay for decommissioning and which decommissioning funding model is appropriate for the proponent and/or the government (if there is state participation). Proponent models may include funding with or without security or contributions to a decommissioning fund. Government funding models are inextricably linked with the imposition, collection and appropriation of the fiscal take applying to the oil and gas sector. There are therefore many variants in the responses to, and stance taken, on the above policy issues. It is, however, universally accepted that the state should not be inadvertently left with the ultimate obligation and/or the liability for decommissioning and rehabilitation. The preferred policy choice involves finely balancing the interests of the state without disincentivising private sector investment in the development of the petroleum resource. This study will review the pros and cons of the main alternative funding models typically used internationally, the status of Australia’s decommissioning funding and associated fiscal policies, whether and to what extent the Australian government participates in the funding of decommissioning and rehabilitation undertakings and proposed improvements to the policy design settings.

Infrastructure will not boost near-term Brazil growth

2017 ◽  
Keyword(s):  
Infrastructure Investment ◽  
Content Type ◽  
Construction Companies ◽  
Near Term ◽  
Infrastructure Investments ◽  
The Government ◽  
The Impact ◽  
Poor Infrastructure

Subject Shortcomings in Brazilian infrastructure. Significance The quality of Brazil’s infrastructure is a key business complaint. Infrastructure is viewed as central to boosting the country’s long-term competitiveness, as well as a potential motor of recovery from the economic crisis. However, infrastructure investment remains low. This is due in part to the budgetary restrictions faced by the government, but also to the impact of corruption scandals on leading construction companies. Impacts Better roads, railways and ports will be central to boosting Brazil's exports, notably of primary commodities. Poor infrastructure will continue to affect both business and the daily life of ordinary citizens, particularly in remote regions. The execution of infrastructure investments could produce positive and long-lasting effects on the overall economy.

Australian energy reform plan faces roadblocks

2018 ◽  
Keyword(s):  
Climate Change ◽  
Carbon Tax ◽  
Public Support ◽  
Content Type ◽  
Climate Change Policies ◽  
Consumer Prices ◽  
Reform Plan ◽  
The Government ◽  
Supplier Networks ◽  
Energy Reform

Subject Australian energy reform plans. Significance The government plans to offer discounted loans for power generation to ensure more reliable supplies and has not ruled out including coal-fuelled plants, after it released a new draft strategy for discussion on October 23. The main objective is reducing consumer prices. Impacts Efforts to break up wholesale supplier networks could lead to over-regulation and discourage new entrants. If it fails to respond to public support for climate change policies, Canberra risks alienating voters and business lobbies. If Labor forms a government, it could push for emission controls and a revived carbon tax.

Indonesia opts for 'pragmatic' course on FDI policy

2015 ◽  
Keyword(s):  
Commodity Prices ◽  
Supply Side ◽  
Content Type ◽  
Side Constraints ◽  
Fuel Subsidies ◽  
Red Tape ◽  
Second Year ◽  
The Government ◽  
Poor Infrastructure ◽  
Economic Outlook

Subject Economic outlook. Significance As President Joko 'Jokowi' Widodo's government heads for its second year in October 2015, the challenges facing the economy are rising. GDP growth has slowed every year since 2011, while the rupiah has lost nearly 40% of its value since then. While Jokowi is keen to attract foreign direct investment (FDI), the direction of his economic policy is at best unclear and at worst increasingly protectionist. Impacts Indonesia's exports -- and overall growth -- are unlikely to show strong pick-up as long as commodity prices stay subdued. Fuel subsidies are likely to be partially reintroduced when oil prices rise. Domestic supply-side constraints such as red tape, insufficient financing and poor infrastructure hamper investment prospects. The government is set to push new local content requirements in a host of sectors, creating new risks for current and prospective investors.

Sign in / Sign up

Export Citation Format

Share Document